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U.S. Workforce: April 2022 Update
Article By: Jill Mislinski
Wednesday, May 11, 2022 2:08 PM EDT
The unemployment rate remained at 3.6%, and the number of new non-farm jobs (a relatively volatile number subject to extensive revisions) came in at 428K.
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There Goes The Housing Market
Article By: Tyler Durden
Wednesday, May 11, 2022 1:57 PM EDT
Since the Fed is rushing to hike the US into a deep recession, the housing market is eager to comply with Powell's and Biden's handlers' wishes and is leading the charge into the economic abyss.
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Cloud Stocks: GoDaddy Targets A $126B TAM Opportunity
Article By: Sramana Mitra
Wednesday, May 11, 2022 1:45 PM EDT
GoDaddy estimates its total addressable market opportunity to be over $126 billion and the continued innovation to release new products will help capture a bigger pie of this growing market.
In this article: GDDY
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CPI Year-Over-Year Drops A Bit, But Is It Believable?
Article By: Mish Shedlock
Wednesday, May 11, 2022 1:34 PM EDT
The CPI rose again in April, more than economists expected. Year-over-year there's a small decline.
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Grains Report - Wednesday, May 11
Article By: Jack Scoville
Wednesday, May 11, 2022 1:22 PM EDT
Rice was lower again for much of the day yesterday, but then rebounded to close higher.
In this article: CORN, SOYB, WEAT
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Abnormal Normalization
Article By: Interactive Brokers
Wednesday, May 11, 2022 1:11 PM EDT
You would be quite surprised to discover that the normalized performances of a range of popular indices all show similar returns since the Covid lows of March 23, 2020.
In this article: GME, TSLA, GLD, NDX, SPX, PTON, AMZN, OIL, BITCOMP
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U.S. Housing Component Of CPI Not Letting Up
Article By: Brian Romanchuk
Wednesday, May 11, 2022 12:59 PM EDT
Although there has been some softening in economies and sectors, another wave of “external factors” are likely to hit globally-traded prices.
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Most Active Equity Options For Midday - Wed., May 11
Article By: The Options Insider
Wednesday, May 11, 2022 12:47 PM EDT
Here are the most active equity options for midday.
In this article: , AMD, DIS, F, OXY, XOM, UPST, AAPL, MSFT, NVDA, TSLA, COIN, META, AMC, SQ, NKLA, RBLX, SOFI, LCID, RIVN
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EUR/USD Price Erases Daily Losses Despite Upbeat US CPI
Article By: Yohay Elam
Wednesday, May 11, 2022 12:36 PM EDT
The EUR/USD pair could invalidate more declines only after making a valid breakout above the 1.0572 and the 1.0593 upside obstacles.
In this article: FXE, UUP
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Dow Set To Snap Losing Streak Despite Inflation Update
Article By: Schaeffers Research
Wednesday, May 11, 2022 12:25 PM EDT
Wall Street is eyeing respite from its recent selloff, with the major benchmarks mostly higher this afternoon despite another red-hot inflation report.
In this article: QQQ, SPX, VIX, DJI, YETI, U, RBLX, BITCOMP
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The Impacts Of Stagflation
Article By: Kevin Swanson
Wednesday, May 11, 2022 12:14 PM EDT
The uncertainty stagflation has caused for the typical high net worth investor, has provoked many to simply move to cash. Which could end up being a brilliant decision or a very bad mistake.
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China’s Move To A Central Bank Digital Currency
Article By: Timothy Taylor
Wednesday, May 11, 2022 12:13 PM EDT
China is taking the lead in moving to a central bank digital currency. It’s not altogether clear how much the U.S. and other high-income countries should be worried about this.
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Eurobonds Behind Euro$ #5’s Collateral Case
Article By: Jeffrey P. Snider
Wednesday, May 11, 2022 12:01 PM EDT
History repeats because everyone listens to the Fed.
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Oil Prices Extend Gains As Distillate Inventories Plunge To 17 Year Lows
Article By: Tyler Durden
Wednesday, May 11, 2022 11:49 AM EDT
Distillate fuel inventories are now 23% below the five-year average for this time of year, at their lowest since May 2005.
In this article: BNO, OIL, UCO, UGA, USO
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This Little Known Indicator Says Gold Is Still Set For A Major Rally In 2022
Video By: GoldCore
Wednesday, May 11, 2022 11:37 AM EDT
A look at why a precious metals rally is on the horizon and why it is going to be sustained.
In this video: GLD, IEF, TYX, SLV
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U.S. Inflation Has Peaked, But It Will Be A Long Slow Descent
Article By: ING Economics
Wednesday, May 11, 2022 11:24 AM EDT
U.S. inflation has slowed marginally in April thanks to a fall in used car prices and gasoline.
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